NASDAQ 100 · WMTMT

Jul 27Aug 3Aug 11Aug 18Aug 25

Breadth

65 / 102

stocks rose with the index

Concentration

100%+

of the gain from MSFT, SPCX, GOOGL

Biggest driver

MSFT +648

Microsoft Corporation, +26.61%

Biggest drag

AVGO −158

Broadcom Inc., −6.91%

What drove it

102 members · drivers first · 1M · residual 97.0bp exceeds 80bp gate

The NASDAQ 100 rose 4.17% (+1,170 pts) on the month, and more than all of that gain came from just three stocks: MSFT, SPCX, GOOGL.

Read the latest market-close note: Nvidia and Goldman Sachs Lead a Narrow Advance as Energy and Staples Slide

+2,380.6 pts from 56 gainers−852.9 pts from 46 losers

net +1,170.0 pts · gainers outweigh losers 2.8 to 1

Stock

Points

Return

NASDAQ 100sum of all 102 stocks

+1,170.0

+4.17%

MSFTMicrosoft Corporation

+648.3

+26.61%

SPCXSpace Exploration Technologies Corp.

+329.4

+21.54%

GOOGLAlphabet Inc.

+219.9

+6.25%

AMZNAmazon.com, Inc.

+198.8

+12.82%

GOOGAlphabet Inc.

+167.7

+5.14%

TSLATesla, Inc.

+150.2

+13.27%

PLTRPalantir Technologies Inc.

+96.8

+31.32%

NFLXNetflix, Inc.

+67.0

+16.80%

AMGNAmgen Inc.

+39.4

+18.21%

MRVLMarvell Technology, Inc.

+36.1

+27.07%

SHOPShopify Inc.

+29.7

+21.28%

VRTXVertex Pharmaceuticals Incorporated

+26.7

+15.42%

ABNBAirbnb, Inc.

+24.7

+29.72%

GILDGilead Sciences, Inc.

+22.8

+13.98%

PANWPalo Alto Networks, Inc.

+22.4

+7.12%

72 othersclick to expand the full index

+174.8

MPWRMonolithic Power Systems, Inc.

−9.0

−2.61%

QCOMQUALCOMM Incorporated

−9.6

−5.58%

CSCOCisco Systems, Inc.

−16.1

−3.02%

APPApplovin Corporation

−20.9

−24.76%

WDCWestern Digital Corporation

−21.6

−9.47%

TXNTexas Instruments Incorporated

−23.9

−6.45%

STXSeagate Technology Holdings PLC Ordinary Shares (Ireland)

−26.3

+0.57%

ARMArm Holdings plc American Depositary Shares

−31.1

−9.30%

KLACKLA Corporation

−40.1

−9.74%

AMATApplied Materials, Inc.

−47.8

−7.03%

INTCIntel Corporation

−48.4

−4.57%

AMDAdvanced Micro Devices, Inc.

−69.8

−3.19%

METAMeta Platforms, Inc.

−76.9

−4.01%

NVDANVIDIA Corporation

−127.9

+8.42%

AVGOBroadcom Inc.

−157.8

−6.91%

Cap weighting, illustrated

Broadcom Inc. and Apple Inc. moved almost identically (−6.91% vs −7.94%), yet AVGO moved the NASDAQ 100 420.7× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.

Attribution map

slicing the +1,170 pt move · cell size = points contributed · color = direction, intensity = return

MSFT+648.3 pts(+26.6%)

SPCX+329.4 pts(+21.5%)

GOOGL+219.9 pts(+6.2%)

AMZN+198.8 pts(+12.8%)

GOOG+167.7 pts(+5.1%)

AVGO−157.8 pts(−6.9%)

TSLA+150.2 pts(+13.3%)

NVDA−127.9 pts(+8.4%)

PLTR+96.8 pts(+31.3%)

META−76.9 pts(−4.0%)

AMD−69.8 pts(−3.2%)

NFLX+67.0 pts

INTC

AMAT−47.8 pts

KLAC

AMGN

MRVL+36.1 pts

ARM−31.1 pts

STX−26.3 pts

ABNB

TXN

GILD

PANW

ADBE

APP

INTU

REGN

DASH

ADP

WDAY

COST

Concentration curve

cumulative share of the +1,170 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−30%−10%+10%+30%

From −24.76% (APP) to +31.77% (WDAY). Equal-weight, the NASDAQ 100 would be +5.82% vs the actual +4.17%; the gap is what cap weighting did.

By sector

point contribution · sums to +1,170 pts

Unknown102

+1,527.7

The year, session by session

every trading day of 2026 · hover for the move

JANFEBMARAPRMAYJUNJULAUG

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Nasdaq-100

What drove it

Attribution map

Concentration curve

When they drove it

Breadth

By sector

The year, session by session

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